Escape from the AUZ echo chamber, page-5

AUZ the best is yet to come – The SKI Deal is a better than excellent deal. Remember AUZ started with over 20 parties interested in an off-take agreement – this was whittled down to 9 serious best companies in the world and the best pick for AUZ selected by both AUZ Board and Ben Bell CEO in conjunction with Medea a specialist advisory firm was SKI.

Off course this leaves 8 probably very disappointed “dance partners”, plus know doubt a few “wolfs” possibly miners like BHP and possibly Macquarie (looking to get into “green energy” who have possibly ben running the slide rule over AUZ. Perhaps this massive down ramp attack is in some way linked to a potential wish to gain your shares on the cheap, denigrate our fine AUZ management, scupper the SKI deal and/or launch a hostile bid.

Ask yourself as mentioned there are only DRC 2-3 Cobalt suppliers that can supply Cobalt in end 2020 eraly 2021 – one of them is clearly AUZ even that is significantly more likely to be achieved now they have SKI on board.

With annual global Cobalt production at around 100,000 tones AUZ could be producing 12,000 tons pa i.e 10 -12 % of the global Cobalt supply in 2023 and with AUZ/SKI’s modular plant building development in full swing they can develop their other assets to potentially be producing IMHO 24,000+ tonnes pa of Cobalt in 2025-6.

Don’t forget Sconi 12,000 tons pa, + Flemington (highly likely to be the equivalent to CLQs Sunrise) potentially another 12,000 tons pa, Thackaringa ?, plus Sconi Phase 2 and 3 – Sconi is open beyond its original tenement and AUZ have already been granted the surrounding tenements (10times the size of Sconi)

I think the big boys companies and countries do not like a small successful company like controlling potentially 15-20% of global production of a industrial commodity COBALT that is strategically more important than gold. Remember the car manufacturer are spending billions (probably in the region of 250 billion plus investing in EV vehicles) This maybe why AUZ was keen to tie up the SKI deal in a hurry this potential 19.99% shareholding by SKI is probably seen by AUZ Board in addition to the best strategic, and technically operational bid, also as a friendly and protective shareholding to prevent a unwelcome bid.

We have had down rampers come and go however this lot are lot more shuttle, “professional” and high volume than prior attempts. Long Term holders however will remember the many questions and down ramps we have faced which AUZ and Ben Bell CEO have always more than adequately answered.


One must remember that development of a relatively small explorer to a producer is a journey of typically 4-5; we are 2 years into that. Each step takes time, effort, smart and perseverance and things to keep going right – so far AUZ have far exceed expectations and have hardly put a foot wrong. AUZ Directors and Management Ben Bell CEO laid out a long term strategy a mere 2 years ago to become a EV/ Battery Cobalt & Nickel Sulfate producer, they purchased JORC 3^rd Party independent proven assets Sconi and purchased and are now proving up other highly potential assets i.e Flemington and Thackaringa. They are rapidly, methodically and successfully ticking off the steps in developing AUZ into a successful producer of Cobalt & Nickel Sulphate and Scandium Oxide and developing AUZ into the Australian success story it deserves to be.

The BFS will show the project is highly profitable, Ben Bell has already indicated to shareholder questions that it will be so. I worked in Korea for 6 years I have no doubt that the overcapitalized Korean Banks will be falling over themselves to finance take part in a syndicated loan for a project in “safe” Australia with a company that has a binding supply contract with one of their best and largest blue chip companies

Ask yourself why some people would spend hours upon hours day and night posting down ramps on a share they do not own, they must be desperate or being paid to do so. IMHO your shares are worth significantly more than they are today, don’t let these down rampers scare you and hang on to them they are worth a lot more than you think.